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Amerigo Vespucci (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 05:46 PM Original message |
BREAKING NEWS: U.S. will buy stock in financial institutions, Treasury Secretary Paulson says |
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Eric J in MN (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 05:48 PM Response to Original message |
1. Henry Paulson was always expected to, but... |
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Amerigo Vespucci (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 05:50 PM Response to Reply #1 |
2. "open to a broad array of institutions" = "recipe for disaster" |
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Tandalayo_Scheisskopf (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 05:51 PM Response to Reply #2 |
4. Paging Sen. Dodd, Sen. Chris Dodd! nt |
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UpInArms (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 05:51 PM Response to Original message |
3. wow, another new low set by this mal-administration |
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The Backlash Cometh (1000+ posts) Send PM | Profile | Ignore | Sat Oct-11-08 07:23 AM Response to Reply #3 |
14. I don't think this is a good idea, at all. |
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lligrd (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 05:53 PM Response to Original message |
5. Yep, Bet America On The Stock Market |
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olddad56 (1000+ posts) Send PM | Profile | Ignore | Sat Oct-11-08 07:56 PM Response to Reply #5 |
19. but only if the US can borrow the money to do su from China. |
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MichiganVote (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 05:55 PM Response to Original message |
6. Yep. Found out they couldn't make any money off the "bad" mortagage mess either. |
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Eric J in MN (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 06:01 PM Response to Reply #6 |
7. I'm expecting them to buy mortgage-related securites, too, |
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MichiganVote (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 07:12 PM Response to Reply #7 |
11. They're not going to buy the junk. Its going to sit there like the toxic waste it is. |
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ozymandius (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 06:17 PM Response to Original message |
8. So the Plunge Protection Team has gone public. |
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Imperialism Inc. (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 06:17 PM Response to Original message |
9. This needs to be accompanied by an audit of their books. |
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Imperialism Inc. (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 06:24 PM Response to Original message |
10. Folks, dial back the hysteria a little. This is a tried and proven method |
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drm604 (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 07:19 PM Response to Reply #10 |
12. Thank you for the words of encouragement. |
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chill_wind (1000+ posts) Send PM | Profile | Ignore | Sat Oct-11-08 07:31 PM Response to Reply #12 |
15. Agree. I wish Congress itself would have looked closer at such a model |
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Skink (1000+ posts) Send PM | Profile | Ignore | Fri Oct-10-08 11:46 PM Response to Reply #10 |
13. Now is the time to buy stock. |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Sat Oct-11-08 07:37 PM Response to Original message |
16. The solution is complete nationalization of the banking and financial industry. |
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Waiting For Everyman (1000+ posts) Send PM | Profile | Ignore | Sat Oct-11-08 07:42 PM Response to Original message |
17. I thought the gov't was supposed to get stock in exchange for the trash anyway. |
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Poseidan (630 posts) Send PM | Profile | Ignore | Sat Oct-11-08 07:53 PM Response to Original message |
18. please, Henry the VIII |
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